Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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RNS Number : 3874V
AIM
07 August 2020
NOTICE
07/08/2020 7:30am
TEMPORARY SUSPENSION OF TRADING ON AIM
COLUMBUS ENERGY RESOURCES PLC
At the request of the company, trading on AIM for the under-mentioned securities has been temporarily suspended from 07/08/2020 7:30am, pending an announcement.
ORDINARY SHARES OF 0.05P EACH, FULLY PAID (BDGJ2R2) (GB00BDGJ2R22)
If you have any queries relating to the above, please contact the nominated adviser on +44 (0)20 7628 3396.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
EXCBQLFBBVLLBBV
(END) Dow Jones Newswires
August 07, 2020 02:30 ET (06:30 GMT)
Suspension of trading on AIM of, and dealings, settlements and transfers in, Columbus Shares
7.30 a.m. on 7 August 2020
Effective Date of the Scheme
7 August 2020
Cancellation of admission to trading on AIM of, and cessation of dealings in, Columbus Shares
7.00 a.m. on 10 August 2020
Admission and commencement of dealings on AIM of the new BPC Shares
by 8.00 a.m. on 10 August 2020
Latest date for settlement of new BPC Shares
24 August 2020
Deal All,
Trading in CERP has now officially ended as we are now in the larger BPC/CERP merged family. Come and join us on the BPC BB. All constructive contributions welcome. Some LTH's in both/either CERP BPC have lost money. I hope next year all of us will have made large gains. Exciting times.
Starchild
xxx
As I see it we will recieve the new shares tomorrow am as the date of 10/8/20 was brought forward to 07/08/20, see RNS the other day.
5 August 2020
COLUMBUS ENERGY RESOURCES PLC
("Columbus" or the "Company")
Corporate Update - Court Sanction of Merger with Bahamas Petroleum Company plc
Columbus, the oil and gas producer and explorer focused on onshore Trinidad and Suriname, is pleased to announce that the Scheme, to effect the merger with Bahamas Petroleum Company plc ("BPC"), was sanctioned by the Court earlier today ("Court Sanction"). The Scheme will become effective upon the Court Order being delivered to the Registrar of Companies, which is expected to take place on or about 7 August 2020, consistent with the expected timetable of events as set out in the Scheme Document.
Dealings in Columbus Shares will be suspended with effect from 7.30 a.m. on 7 August 2020. Accordingly, 6 August 2020 will be the last day of dealings in, and registration of transfers of, Columbus Shares.
Subject to the Scheme becoming effective, it is expected that the admission to trading of Columbus Shares on AIM will be cancelled at 7.00 a.m. on 10 August 2020. A further announcement will be made by BPC when the Scheme has become effective. ...
From RNS 05 Aug 2020 4:45 pm
I rather like the Bahamas... I may even book a holiday there mid next year... just to look at the drilling platform and what is hopefully a good result for all concerned. See you on BPC.
Gibbo
Current combined market cap of Columbus and BPC = circa £72.7m
This is wrong information. Today is the last day of trading
Au revoir Cerp it’s been emotional.
....not looked at these for sometime, fell off the radar, can anyone summarise what is going on before i do some research?
thanks..
I saw this and bought some TRIN this morning.
such a shame the government didn't respond positively on this issue a few years ago.. i suspect CERP would not be where it finds itself now.
I dee Trinity have released an RNS acknowledging the manifesto pledges of both the contesting parties in the forthcoming T & T election to reduce the tax burden on oil income at $50 to $60. Can only be a good thing for our new BPC when the likely rise in price kicks in.
Not long to go now folks, before the wedding of Columbus and BPC.
Bahamas Petroleum Company (UK): Merger with Columbus Energy Resources (UK)
Changes in FTSE UK Index Series
03 August 2020
Subject to court sanctioning the scheme of arrangement in relation to the stock merger between Bahamas Petroleum Company (UK, constituent) and Columbus Energy Resources (UK, constituent), please see details of affected indexes and effective dates below:
Index
Effective From
Start of Trading
FTSE AIM All-Share Index
07 August 2020
https://polaris.brighterir.com/public/bahamas_petroleum_company/news/rns_widget/story/rn814nr
The rubber stamping of the merger will happen this week. To ensure your contributions are read, I suggest the few posters left on this CERP BB move over to BPC from now on.
Exciting times. Good luck all.
Starchild
All shares in Columbus Energy will be suspended 16:00 hours 4th August 2020.
rhodi - No problem.
As regards the ratio, I've only ever seen the figure of 0.803 mentioned.
thanks. I am keeping an eye on bpc in the main as expect that to be the driver. I have seen different ratios for share merger. both 0.803 and 0.809. Can anyone confirm. Here's hoping bpc price starts to rise once merger completed. i am sure it will once we get close to spud date being announced.
The following dates are Cancellation of admission to trading on AIM on the Scheme becoming effective.
In accordance with the expected timetable of events appended hereto, a request will be made to the London Stock Exchange prior to the Effective Date to cancel the trading in Columbus Ordinary Shares on AIM with effect from 7.00 a.m. on 10 August 2020. If any of the key dates set out in the expected timetable change, an announcement will be made through a Regulatory Information Service.
Appendix 1 - EXPECTED TIMETABLE OF PRINCIPAL EVENTS
Court Hearing
5 August 2020
Last day of dealings in, and for registration of transfers and disablement in CREST of, Columbus Shares
6 August 2020
Scheme Record Time
6.00 p.m. on 6 August 2020
Suspension of trading on AIM of, and dealings, settlements and transfers in, Columbus Shares
7.30 a.m. on 7 August 2020
Effective Date of the Scheme
7 August 2020
Cancellation of admission to trading on AIM of, and cessation of dealings in, Columbus Shares
7.00 a.m. on 10 August 2020
Admission and commencement of dealings on AIM of the new BPC Shares
by 8.00 a.m. on 10 August 2020
Latest date for settlement of new BPC Shares
24 August 2020
Longstop Date (6)
15 November 2020
6th August:
"Appendix 1 - Expected timetable of principal events:
Last day of dealings in... Columbus shares"
A farm in partner would in all likelihood not be interested in the perseverance 1 well acreage in isolation. However add all the acreage in Trinidad and Suriname that Cerp brings to the table of the newly merged company and that looks a whole different ball game suddenly. Would not surprise imo if this is happening in the background, GLA Lovely normal board today makes a welcome change. Can someone confirm when is the last trading day is it the 3rd or the 4th of August .Cannot find info. Thanks in advance.
Looks like apache has made some lucrative discoveries in Suriname. Just saying.
Gla
https://oilprice.com/Latest-Energy-News/World-News/Apache-Total-Make-New-Major-Oil-Discovery-Offshore-Suriname.html
LLL why don’t you just saunter on over to the PRD bb and keep enlightenI got them with your verbal diarrhoea. Your like a rash that just keeps coming back, an irritation thats hard to get rid of, a bit like herpes or something of that nature.
Probably their paymasters have not instructed them to move to bash BPC yet.
......and the rampers TBF Mayt............!
shoot......... they take no prisoners over there.............. :()
All the best (good environment :)